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(not satire – it’s the UK today!)

According to a new report, personal debt in the UK is now £1.4 trillion – most of it owed by poorer people to banks.

But according to the National Audit Office, taxpayers have paid out £1.6 trillion to the banks in bailouts.

Which means even if the banks wrote off all personal debts, they’d still owe us around £200 billion.

Now remind me. Who exactly is paying for all those massive bankers’ bonuses again?

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Related articles by Tom Pride:

Scientists Claim Tiny Sub-Atomic Traces of Ethics Discovered in Barclays

Lest we forget – in 2007 Cameron endorsed even less regulation of banks than Labour ……

Bank of England Warns Banks To Build Up Reserves Of Hyperbole As Eurozone Crisis Deepens

Drug addict ‘seeking help’ after admitting being a banker

Why are Merrill Lynch bankers not being prosecuted for working their young intern to death?

Independent Commission – excessive banking can cause blindness

MP urges easing of banker smacking laws

Money for child victims of medical negligence to go to Goldman Sachs executives instead

Government Agrees To Sell Off Entire Loss-Making Britain

Severe conditions alert for UK as cold front of austerity paralyses the country

The (Real) Definition Of Standard & Poor’s Credit Ratings…..

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